Shares in Canaan jumped 20% on Tuesday as the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year.
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Norway Sovereign Wealth Fund’s Indirect Bitcoin Exposure Reaches Over $860M
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has increased its indirect holdings of Bitcoin to 7,161 BTC, valued at approximately $862.8 million as of June 30, according to new analysis from K33. This represents an 87.7% rise in the last six months and a 192.7% increase over the past year. The […]
ARK Invest’s Cathie Wood Lowers Her Bitcoin Price Target – Here’s Why
The price of Bitcoin is trading just below $103,000 after falling by 16% over the past month, and even the market’s most optimistic believers are tempering expectations. ARK Invest CEO Cathie Wood, known for her bold projections for Bitcoin, said during an interview on CNBC’s Squawk Box that she has revised her bullish Bitcoin price […]
Is China Already Involved With XRP? Pundit Shares How Ripple’s Payment Rails Enters The Picture
Recent developments have shown that China’s possible connection to Ripple’s XRP may be stronger than most realize. Versan Aljarrah, founder of Black Swan Capitalist, points out that the country already has indirect exposure to the token through specific financial channels. These pathways indicate that Ripple’s payment rails have long been facilitating international transactions, quietly integrating […]



